India’s Power Capacity Up 36% In 5 Years As Renewables Hit Record Growth

NEW DELHI- India’s installed power capacity surged nearly 36 per cent over the past five years, driven largely by a surge in renewable energy, the Reserve Bank of India said in a new report.

The Central Bank said that India recorded the highest annual addition to renewable capacity on record in CY25.

Data from the Central Electricity Authority showed that renewable additions rose from 5.6 GW in 2020 to 14.4 GW in 2021 and 16.4 GW in 2022, moderating to 13 GW in 2023 before accelerating to 28.6 GW in 2024 and a record 48.6 GW in 2025. Solar installations accounted for the bulk of the gains, according to the report.

By contrast, fossil-fuel capacity additions remained modest at around 1–4 GW annually, while nuclear additions were small but steady from 2023 onward. The data suggested a gradual shift in India’s energy mix toward cleaner sources.

Union Minister of New and Renewable Energy, Pralhad Joshi, had made a strong pitch for global investors towards opportunities in India’s clean and green energy sector at the World Economic Forum (WEF) in Davos.

The minister encouraged investments in India through renewable-powered hydrogen hubs, integrated energy projects and port-based export infrastructure. (IANS)